The Trump Tariffs thread

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Indus

Lifer
May 11, 2002
14,319
10,024
136
Trump and MAGA must clearly have a trade deficit with McDonalds that's taken advantage of them over decades.

Why don't they place a Trumpian 5000% tariff on McDonalds burgers to see how fast they get all their money back and have a trade surplus??
 

Muse

Lifer
Jul 11, 2001
39,851
9,571
136
That 10.25% surely includes local sales tax of 4% to 5% or so, at least thats how most states do it.
I figure that local sales tax can be gotten other ways, i.e. income tax, e.g. state. The whole tax system needs an overhaul with a strong sense of fairness being paramount.
 
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Muse

Lifer
Jul 11, 2001
39,851
9,571
136
Dunno how it ended up on my recommended list a few years ago, but I watch it sometimes.

The narrator left/ lost his job a few years ago and was so depressed.. he sold everything and just wanted to drive across America as a getaway. Started recording his travels.. and eventually 1 of his vids went viral.

So now he can sustain it. Sometimes they visit towns and eat there and give reviews on them.

There was one near Albany, NY a few months ago.. I would have never found that restaurant otherwise but it was good.
Link? What channel?
 

Muse

Lifer
Jul 11, 2001
39,851
9,571
136
It would be gold to see Vance having to apologize profusely. Then after he's done it, ask him why he's not said sorry lately.
He'd just deflect. He is incapable of acknowledging fault. It's a major reason Trump chose him. Birds of a feather flock together. Trump doesn't want anyone around him that has a lens on themselves.
 
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Panino Manino

Golden Member
Jan 28, 2017
1,037
1,273
136
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K1052

Elite Member
Aug 21, 2003
51,075
43,078
136
*TRUMP: WE ARE WAITING FOR CHINA'S CALL
*TRUMP: CHINA DOESN’T 'KNOW HOW TO GET IT STARTED'
*TRUMP: 'CHINA ALSO WANTS TO MAKE DEAL, BADLY'

Behold! The "art of the deal".
Is a good thing, isn't it? Means the rest of the world will be able to buy a lot of things cheaper with the increased demand left over from murrica.

As far as I know China has refused all his calls since he was elected. They have no incentive to stop him from destroying America's position in the world.
 

Muse

Lifer
Jul 11, 2001
39,851
9,571
136
I personally (don't know what others think) figure the Chinese can tolerate this better than America and maybe most any other economy. If it's a standoff between the USA and China, I'm not betting on the USA winning. No, I am not expert on China and I hear they have major problems in particular an aging population and low birthrate syndrome that's beyond troublesome. Seems to me they have a manufacturing base that's huge. They make a lot of the stuff that the USA uses. Doesn't that give them leverage?
 
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Indus

Lifer
May 11, 2002
14,319
10,024
136
*TRUMP: WE ARE WAITING FOR CHINA'S CALL
*TRUMP: CHINA DOESN’T 'KNOW HOW TO GET IT STARTED'
*TRUMP: 'CHINA ALSO WANTS TO MAKE DEAL, BADLY'

*Also TRUMP* : CUT PHONE LINES AND UNDERSEA CABLES!

<burns the bridges>
I personally (don't know what others think) figure the Chinese can tolerate this better than America and maybe most any other economy. If it's a standoff between the USA and China, I'm not betting on the USA winning. No, I am not expert on China and I hear they have major problems in particular an aging population and low birthrate syndrome that's beyond troublesome. Seems to me they have a manufacturing base that's huge. They make a lot of the stuff that the USA uses. Doesn't that give them leverage?

The Chinese can tolerate this easily. If they have a weakness.. it's food scarcity which puts Laos/ Vietnam/ Myanmar/ Thailand etc at a threat more than the US or Taiwan.. and they have other trading partners too.

Infact the EU is trying to cosy up to them and the EU has a population of 450 million.. so it's a bigger market than the US.
 

Panino Manino

Golden Member
Jan 28, 2017
1,037
1,273
136
*TRUMP: WE ARE WAITING FOR CHINA'S CALL
*TRUMP: CHINA DOESN’T 'KNOW HOW TO GET IT STARTED'
*TRUMP: 'CHINA ALSO WANTS TO MAKE DEAL, BADLY'

Behold! The "art of the deal".
Is a good thing, isn't it? Means the rest of the world will be able to buy a lot of things cheaper with the increased demand left over from murrica.

Almost all markets are in the green now!
Even ones that were in the gutter, this whole financial world is a joke.
 

Josh128

Senior member
Oct 14, 2022
736
1,248
106
Spoke to soon, Dow back down to +100 from +1000, Nasdaq in the red when it was +400 just a couple hours ago.
 

biostud

Lifer
Feb 27, 2003
19,405
6,429
136
I wanted to reply to you but it required much more thought than a my normal cynical/ sarcastic post.

Bottom line education is only possible if people are willing to be educated, in my experience, people with strong prejudices rarely fall into that camp. I include myself in that number, there's no way I will ever be re-educated about History, Science, Human Sexuality and Tech.

And overly religious people prefer religious education over standardized stuff.. infact it's not uncommon for parents to totally brainwash their kids once home and say their teacher is a liar.. teaching them unholy and ungodly stuff.. and then reprogram them.

So as much as you and @DAPUNISHER and the optimists here are hoping that's the solution.. it's very naive to think its success is very limited in a polarized world.

That said even 1-3% who are educated are responsible for every technological innovation in human history. The rest just enjoy it or whine about how they're left behind and would rather burn it all down and go back to the way things were.
It also depends on how your legislation works. For some reason Trump has said positive things about the Nordic school models, even though I doubt he knows anything about them, because they are very different from your system and the curriculum is very far away from anything involving creationism. Besides the regular curriculum, the Nordic school model believes it must create democratic citizens who are free thinkers and ready to question authority. It believes it must create citizens.

And even if you are in a private school or home schooling you will need to adhere to these goals. And it is strictly controlled by the government.

So while the parents might be lost and they would like them to put them in a school which follows their world views, the possibilities are quite restricted here, although religious private schools do exists.

We probably to a higher degree as collective society want to be active how children are brought up in this world.
 

SteveGrabowski

Diamond Member
Oct 20, 2014
8,541
7,168
136
Tariffs on China would have been great in the 90s to kill their manufacturing sector before it really got off the ground and save ours. Now they're stupid when there is little to save and China is a dominant manufacturer. Closing the fucking barn door thirty years after the horse ran out and all.
 
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SteveGrabowski

Diamond Member
Oct 20, 2014
8,541
7,168
136
The only good thing I can see happening if this is true is the possible DESTRUCTION of the Republican Party. Ah, but I will not hold my breath.
Would need an FDR quality of leader of the Democratic party to accomplish that and the only candidate of that quality we have was born before the bombing of Pearl Harbor.
 

SteveGrabowski

Diamond Member
Oct 20, 2014
8,541
7,168
136
idk... I haven't given alot of thought into this, but I feel sales taxes are more reasonably than income taxes. As long as the minimum wage was boosted, imagine if the income tax was zero, but the sales tax was say 30%. Or even higher. There are so many dodgy schemes for rich folk to avoid paying income tax. Ok noone pays income tax. The rich folk still likes their nice things, and their nice houses needs a craptonne of heating etc etc. All of this nice stuff has hefty sales tax on it.
Yeah let's make it even more profitable for the rich to just hoard wealth. And that'll spur the economy to punish consumption so harshly.
 

Indus

Lifer
May 11, 2002
14,319
10,024
136
Tariffs on China would have been great in the 90s to kill their manufacturing sector before it really got off the ground and save ours. Now they're stupid when there is little to save and China is a dominant manufacturer. Closing the fucking barn door thirty years after the horse ran out and all.

Makes perfect sense.. MAGA are stoopid.

Btw the UK has their stoopid peeps too:

 

MrSquished

Lifer
Jan 14, 2013
25,659
24,004
136
Man I was in a pretty good meeting with two clients and got out and saw Trump did exactly what I hope he said he would do. Oh I fucking love this shit show it's just let it burn for now! Expose this fucking fraud
 

linkgoron

Platinum Member
Mar 9, 2005
2,571
1,231
136
Not really sure what you're trying to prove. As it were, the day is already red, but even if it weren't (and who knows, it can still end up green) - every crash usually has a few green days. Here's 1929:


At times, there were MONTHS of mostly green before dumping. The market went up for almost 4/5 months at the beginning of 1930.


Here's 2008:
 
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